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Dec 6, 2012
12/12
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this is the first time they talked in a week. i'm told though, that there is no real progress in the negotiations. as you know, president obama insi insists there is no deal to present on the top 2% of earners. >> it doesn't involve the rates going up on the top 2%. all of those americans too get a tax cut on that finramework. in some sense it is a tax cut for all americans. >> bottom line, we are talking today but we are still at stalemate. a phone call is big news between these two. >> we are hearing about senate republicans, what are you hearing, how significant is it. it is significant for a couple of reasons. these three republicans in different ways suggested that they would be okay with what most republicans are saying that they are not okay with. raising tax rates for the wealthy. he is the most conservative not just fiscally. the way these things tend to go, is that there is a little bit of a crack and that tends to send the other cracks into what is now a solid opposition and we will see how that goes. we are talking ab
this is the first time they talked in a week. i'm told though, that there is no real progress in the negotiations. as you know, president obama insi insists there is no deal to present on the top 2% of earners. >> it doesn't involve the rates going up on the top 2%. all of those americans too get a tax cut on that finramework. in some sense it is a tax cut for all americans. >> bottom line, we are talking today but we are still at stalemate. a phone call is big news between these...
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Dec 10, 2012
12/12
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the big story here is we're more than three weeks going over the fiscal cliff. new developments. tonight on "special report," president obama speaks out following a sunday face-to-face meeting with house speaker john boehner. today, the president took his pitch to michigan. we look at the prospect of negotiating settlement with karl rove and joe trippi. they are back. they have numbers but no electoral maps. suppose both sides get a deal done in the next few days. what would the timeline look like for beating the end of the year deadline. we get out the crystal ball and calendars. brit hume has analysis on how a deal could get done. new video shows use of chemical weapons by the government. and california is going all in on solar power but a lot of californians say solar is taxpayer and consumer ripoff. "special report" starts at 6:00 eastern now. back to new york and my colleagues with "the five." ♪ ♪ >> dana: all right. several new developments to report on the royal phone prank in the u.k. radio station has taken the two d.j.s off the air who called the hospital where prin
the big story here is we're more than three weeks going over the fiscal cliff. new developments. tonight on "special report," president obama speaks out following a sunday face-to-face meeting with house speaker john boehner. today, the president took his pitch to michigan. we look at the prospect of negotiating settlement with karl rove and joe trippi. they are back. they have numbers but no electoral maps. suppose both sides get a deal done in the next few days. what would the...
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Dec 10, 2012
12/12
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meeting held between president obama and house speaker boehner on the so-called fiscal cliff. and the two most important players involving the financial future of our nation. i'm harris falkner, we're told a meeting was held behind closed door and without the media's knowledge and both men tight-lipped about what was said and when we asked for comments, both giving us the same statement, quote, this afternoon the president and speaker boehner met at the white house to discuss efforts to resolve the fiscal cliff, we're not reading out details of the communication, but the lines of communication remain open, end quote. this meeting comes as the white house and congress appear to be at at impasse, you know by now is crippling spending and tax hikes and could cost us jobs and send us back into recession and to solve the problem, republicans say we must prevent our ballooning national debt from crushing generations. and chief white house correspondent now ed henry joins us by phone with the latest on this breaking story, ed, they kept this under wraps. how big after deal is this? >
meeting held between president obama and house speaker boehner on the so-called fiscal cliff. and the two most important players involving the financial future of our nation. i'm harris falkner, we're told a meeting was held behind closed door and without the media's knowledge and both men tight-lipped about what was said and when we asked for comments, both giving us the same statement, quote, this afternoon the president and speaker boehner met at the white house to discuss efforts to resolve...
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Dec 2, 2012
12/12
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right now, i want to start with the story of the week. the tax man cometh. the main thing between president obama and congress over the fiscal curb is the unraveling of the con sen sense. glover nor quis managed to get every single republican running for office from school boards up to president, signing a pledge that reads, i pledge to taxpayers to one, oppose any and all efforts to increase the income tax rates for individuals and or businesses and two, oppose any net reduction or elimination of reductions in credits unless matched dollar for dollar. his pledge has been useful to the republican party for a number of reasons. first, it led the republican party to push tax policies that move hundreds of billions of dollars into the bank accounts of wealthy people. it's also given the central right a single, simple policy objective to pursue, no matter what. a kind of north star for modern conservatism. now, members of congress seem to be losing their way. >> there's a lot that has been said about this pledge. i will tell you, when i go to the constituent tha
right now, i want to start with the story of the week. the tax man cometh. the main thing between president obama and congress over the fiscal curb is the unraveling of the con sen sense. glover nor quis managed to get every single republican running for office from school boards up to president, signing a pledge that reads, i pledge to taxpayers to one, oppose any and all efforts to increase the income tax rates for individuals and or businesses and two, oppose any net reduction or elimination...
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Dec 9, 2012
12/12
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my god obama overreached. you should be out there fighting for this. mcconnell gets up finally and says that then boat and then he deserts it. the whole purpose was to make it an issue. it's never going to pass the house. put the democrats on record. the republicans can't even agree among themselves to fight back for anything they believe in except leaving one impression that obama talking to the pluck. they are talking to each other and screaming about taxes. they should be talking about going over the cliff and the deficit and the debt with the president who shows no inclination, by the bay to cut anything. >> and we have also made this about grover norquist. if i hear about him one more time. this is absolutely ridiculous. >> peter king's wife better not meet grover norquist because we know what she is going to do. doug, it seems that both sides are kind of, you know, saying well, i will blame the other side, i will blame the other side. the republicans can't each get togetherlame the other side. they just
my god obama overreached. you should be out there fighting for this. mcconnell gets up finally and says that then boat and then he deserts it. the whole purpose was to make it an issue. it's never going to pass the house. put the democrats on record. the republicans can't even agree among themselves to fight back for anything they believe in except leaving one impression that obama talking to the pluck. they are talking to each other and screaming about taxes. they should be talking about going...
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Dec 5, 2012
12/12
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today president obama expressed confidence in her despite strong opposition from some in the g.o.p. more on that coming up inside fox report. meantime, bloomberg news is reporting after an interview with the president that he is considering the vogue editor and chief for ambassador to either the united kingdom or france. those are the kind of alabamaships that go to big donors she has been one of the top political supporters and fundraiser. asked jay carney about this report today he neither confirmed or denied. the nfl player who murdered his girlfriend and then killed himself apparently spent some time before the crime at another woman's apartment. details on that and what his own mother says she saw him do on the day that ended in blood. and word police here in new york city have now caught the suspect who is accused of pushing somebody right in front of a subway. and wait until you hear where they found him. that's ahead from the journalists of fox news on this tuesday fox report. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've le
today president obama expressed confidence in her despite strong opposition from some in the g.o.p. more on that coming up inside fox report. meantime, bloomberg news is reporting after an interview with the president that he is considering the vogue editor and chief for ambassador to either the united kingdom or france. those are the kind of alabamaships that go to big donors she has been one of the top political supporters and fundraiser. asked jay carney about this report today he neither...
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Dec 9, 2012
12/12
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>>heather: news on efforts to avoid the fiscal cliff with just over three weeks remaining until automatic tax hikes and spending cuts kick in unless a budget deal is reached, the white house saying that president obama met with republican house speaker boehner on ways to overcome their differences. steve is live for us in washington, with more on this. steve? >>reporter: the house speaker went for a white house for a one-on-one chat, the first time they have sat down without other leaders and it could represent an important step toward avoiding the fiscal cliff. the last time the 39 and the speaker met was with other members of congress november 15. they talked wednesday last week but that was a conversation by telephone. now they have sat down face to face. this top level meeting is important in any negotiating process in washington, dc. the fact they met on a sunday underscores the urgency. the white house confirmed the talks were held to discuss efforts to resolve the fiscal cliff and lines of communication remain open. the white house beating is the same day republicans appeared to be
>>heather: news on efforts to avoid the fiscal cliff with just over three weeks remaining until automatic tax hikes and spending cuts kick in unless a budget deal is reached, the white house saying that president obama met with republican house speaker boehner on ways to overcome their differences. steve is live for us in washington, with more on this. steve? >>reporter: the house speaker went for a white house for a one-on-one chat, the first time they have sat down without other...
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Dec 7, 2012
12/12
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another week lost in the race to stop the country from going over the fiscal cliff. what the speaker didn't say in a news conference today could potentially be very significant. let's bring in our senior congressional correspondent, dana bash. >> reporter: reckless was the strong word the speaker used to describe timothy geithner's statement that he is willing to go over the cliff if republicans don't give on tax rates for the wealthy. i am told by a congressional source familiar with the talks they only had four, four staff level negotiations on the issue of the fiscal cliff, and that's why the speaker says the president is slow walking the issue. the house speaker ended the week with a progress report. none. >> when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> reporter: he and the president spoke by phone only once all week and it didn't produce much. >> just more of the same. it is time for the president if he's serious to come back with a counteroffer. >> reporter: what may have been
another week lost in the race to stop the country from going over the fiscal cliff. what the speaker didn't say in a news conference today could potentially be very significant. let's bring in our senior congressional correspondent, dana bash. >> reporter: reckless was the strong word the speaker used to describe timothy geithner's statement that he is willing to go over the cliff if republicans don't give on tax rates for the wealthy. i am told by a congressional source familiar with the...
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Dec 10, 2012
12/12
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still another reason to buy this company that is at its 52-week high. >> president obama hits the road to secure his position on the fiscal cliff. but why ral-- this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >>> i just want to be sure
still another reason to buy this company that is at its 52-week high. >> president obama hits the road to secure his position on the fiscal cliff. but why ral-- this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. can i still ship a...
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Dec 4, 2012
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. >> brian: president obama's move, republicans making what they consider a bold counter offer to the white house in an attempt to avoid the so-called fiscal cliff that's coming our way just four weeks away. eight working days away. wendell goler live at the white house. what's the latest? >> what we have now is an opening proposal from each side. the republicans plan would cut $2.2 trillion from the deficit, which is about $600 billion more than the president's plan. it would raise the eligibility age for medicare from 65 to 67. and lower the annual cost of living increases for social security benefits. south carolina senator lindsey graham says those two programs have to be brought under control. >> if we adjusted the age of retirement over the next 30 years like ronald reagan and tip o'neil adjusted the cpi index and means tested benefits, we could save medicare and social security from insolvency and people need the programs. the good news is, we would get our kids and grandkids out of the situation of becoming greece. >> the president's aides not surprisingly quickly rejected the
. >> brian: president obama's move, republicans making what they consider a bold counter offer to the white house in an attempt to avoid the so-called fiscal cliff that's coming our way just four weeks away. eight working days away. wendell goler live at the white house. what's the latest? >> what we have now is an opening proposal from each side. the republicans plan would cut $2.2 trillion from the deficit, which is about $600 billion more than the president's plan. it would raise...
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Dec 10, 2012
12/12
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. >> three weeks until the fiscal cliff and president obama and house speaker john banner and at a private meeting at the white house yesterday to discuss the deal. the president and the speaker refuses think about the details of the meeting and some republicans are now putting increased pressure on party leaders to rethink opposition to tax hikes on the wealthy of taking get entitlements cuts in return. many house republicans refused report tax hikes under any circumstances. democrats of is rushing through entitlement reforms you for the end of the year. >> watching some stalls, several on the bay bridge we will have more on weather and traffic coming up. >> the opening bell on wall street is about 20 minutes away. looming fiscal crisis on the market today. we did better than we did expect it from mcdonald's this morning. rob black will be coming up at 645. the dow futures point to a lower opening this morning. >> men and women have equal footing in the nation's economic recovery according to the latest numbers from the labor department. the biggest numbers for men have been for vessel jo
. >> three weeks until the fiscal cliff and president obama and house speaker john banner and at a private meeting at the white house yesterday to discuss the deal. the president and the speaker refuses think about the details of the meeting and some republicans are now putting increased pressure on party leaders to rethink opposition to tax hikes on the wealthy of taking get entitlements cuts in return. many house republicans refused report tax hikes under any circumstances. democrats of...
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Dec 6, 2012
12/12
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but explain what it is. >> it's christmas for obama bundlers. this is the annual ritual, the patronage rewards for his biggest 1% elitist donors and there have been reports now over the last week that anna winter, the fashion famous vogue editor who raised hundreds and hundreds of thousands of dollars for team obama, not just this year action but during the first term as well, is being considered for an ambassadorship for britain. and this is along with several other bundlers who have raised each more than half a million dollars for obama over the last campaign cycle, who are being considered for other positions. and of course, the reaction from the democrats and the left is, well, this is always the way it's been and yeah, well, that's exactly the point because this is what hope and change has ushered in, more retroactive back -- >> steve: why would anna wentor want to take a step down from being the top of a magazine? >> well, it's all about the prestige, the power and the access. >> brian: real quick, tell me what you think is going to happen
but explain what it is. >> it's christmas for obama bundlers. this is the annual ritual, the patronage rewards for his biggest 1% elitist donors and there have been reports now over the last week that anna winter, the fashion famous vogue editor who raised hundreds and hundreds of thousands of dollars for team obama, not just this year action but during the first term as well, is being considered for an ambassadorship for britain. and this is along with several other bundlers who have...
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Dec 8, 2012
12/12
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next, a quick look at president obama and the first family last week at the national christmas tree lighting ceremony. ♪ [applause] >> merry christmas, everybody! >> it is great to see you all. happy holidays. happy holidays, mr. president. >> is it time? i think it's time. i hope everybody is ready. we have to do the countdown. starting with five. 5, 4, 3, 2, 1. [cheers] ♪ >> merry christmas, everybody. ♪ >> please welcome the director of washington and st. john's church. >> let us about our heads in prayer. let us prey. gracious god who has blessed us with this good land for our heritage, we humbly pray that we may always prove ourselves to be a people mindful of your favre and glad to do your will. we pray that you will save us from violence and confusion, from pride, arrogant, and fear of each other. defend our liberties and fashioned into one united people of the multitude brought here from many nations and languages. those inthat you shower u our government that we may be a blessing to all of the nations of the world. in a time of prosperity, fill our hearts with think on this, a
next, a quick look at president obama and the first family last week at the national christmas tree lighting ceremony. ♪ [applause] >> merry christmas, everybody! >> it is great to see you all. happy holidays. happy holidays, mr. president. >> is it time? i think it's time. i hope everybody is ready. we have to do the countdown. starting with five. 5, 4, 3, 2, 1. [cheers] ♪ >> merry christmas, everybody. ♪ >> please welcome the director of washington and st....
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Dec 4, 2012
12/12
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CNNW
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the last time the two men spoke was almost a week ago. president obama is focused on the stalemate with congress over averting the fiscal cliff, but he's just not talking to house republicans about it. at the white house, he discussed the issue with a bipartisan group of governors. >> i know that the president wants a deal and he didn't try to handicap it. >> reporter: earlier this week, he told so-called middle class americans on twitter, keep pressure on congress. he's even ventured outside the beltway rallying supporters to do just that. >> i'm going to be asking for you to be making your voices heard. >> reporter: why isn't he calling speaker boehner? >> we speak frequently. >> reporter: when will the two of you sit down in a room? >> i don't think the issue right now has to do with sitting in a room. >> reporter: in part, the white house was burned with the negotiations in 2011 when lots of meetings failed to stave off a fiscal nightmare. but there's another strategy at play. some in the administration say they learned in the first t
the last time the two men spoke was almost a week ago. president obama is focused on the stalemate with congress over averting the fiscal cliff, but he's just not talking to house republicans about it. at the white house, he discussed the issue with a bipartisan group of governors. >> i know that the president wants a deal and he didn't try to handicap it. >> reporter: earlier this week, he told so-called middle class americans on twitter, keep pressure on congress. he's even...
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Dec 8, 2012
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weeks away from going over that fiscal cliff. has president obama done enough to bridge the gap? governor mike huckabee weighing in on that at the top of the hour there he is. what fiscal cliff? congress apparently would rather talk about elvis. frankly, i would, too. tell you that story coming up. ♪ everybody let's rock. r stayin? yep. the longer you stay with us, the more you save. and when you switch from another company to us, we even reward you for the time you spent there. genius. yeah, genius. you guys must have your own loyalty program, right? well, we have something. show her, tom. huh? you should see november! oh, yeah? giving you more. now that's progressive. call or click today. and he has already killed tens of thousands bashar assad is ramping up chemical arsenal. dick cheney says the white house doesn't care. >> the president can make bold statements and bold talk as he did in the last couple of days about developments in syria. but i don't think they care. >> more from the former v.p. coming up. >> plus, it's the most watched video on the internet and set to per
weeks away from going over that fiscal cliff. has president obama done enough to bridge the gap? governor mike huckabee weighing in on that at the top of the hour there he is. what fiscal cliff? congress apparently would rather talk about elvis. frankly, i would, too. tell you that story coming up. ♪ everybody let's rock. r stayin? yep. the longer you stay with us, the more you save. and when you switch from another company to us, we even reward you for the time you spent there. genius. yeah,...
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Dec 3, 2012
12/12
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KPIX
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. >> reporter: president obama wants $1.6 trillion in new taxes on the rich. $400 billion in cuts to entitlement programs such as medicare and $50 billion in stimulus spending. >> the president and white house have three weeks and this is the best we got? >> reporter: the senate minority leader mitch mcconnell laughed at geithner. geithner said if republicans don't like the president's plan it's up to them to present their own ideas. >> what we can't do is figure out what works for them. they have to come tell us what works for them. >> reporter: secretary geithner made it clear there will be no deal that does not include a tax hike on the wealthiest americans. >> there's not going to be an agreement without rates going up. >> reporter: no formal negotiating sessions are on the schedule here and many believe it will take about a week for the real work towards a solution to get under way. now, so much of the talk right now is about taxes, but another aspect of this fiscal cliff is massive, massive defense cuts. that's going to be a topic here in washington today, terrell, when several
. >> reporter: president obama wants $1.6 trillion in new taxes on the rich. $400 billion in cuts to entitlement programs such as medicare and $50 billion in stimulus spending. >> the president and white house have three weeks and this is the best we got? >> reporter: the senate minority leader mitch mcconnell laughed at geithner. geithner said if republicans don't like the president's plan it's up to them to present their own ideas. >> what we can't do is figure out...
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Dec 5, 2012
12/12
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>>eric: let me sum this up, you met with president obama days after the hurricane sandy. here we are, it has been several weeks after the meeting and you don't feel anything has happened? you don't feel your life is, you are being taken care of or thought about great fema, from schumer, 9 state, from the federal government including obama, is that right? >>guest: absolutely not. not only me but my neighbors feel the same. we are the forgotten borough, we are the forgotten people. we are the middle class people and we are the working class people that have paid our taxes and we are not getting anything in run. it is always fema, deny this. you have to reapply. it is a joke. a joke. you are the president of the united states, you got that pen, you bailed out the banks, bail out the american people that don't have homes for the holidays. the president is going away. he is going to hawaii for christmas for 20 something days, where am i going to be? where are my neighbors going to be? we will not have a place called home. mr. president, you have to do something. you are the pr
>>eric: let me sum this up, you met with president obama days after the hurricane sandy. here we are, it has been several weeks after the meeting and you don't feel anything has happened? you don't feel your life is, you are being taken care of or thought about great fema, from schumer, 9 state, from the federal government including obama, is that right? >>guest: absolutely not. not only me but my neighbors feel the same. we are the forgotten borough, we are the forgotten people. we...
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test of perfecting the more you have moved forward was four weeks following barack obama's reelection nearly one million americans have moved forward by campaigning to break apart all fifty states have filed online petitions with the white house requesting to peacefully secede from this so-called perfecting union a movement that's garnered more than thirty thousand signatures in north carolina. where many like michael toggled. see independence as a symbol may twentieth a consistent one is the day that north carolina saved from the union and america stars and stripes ripping at the seams there's no doubt in my mind that it is inevitable i mean something like this with the debt this country has with the growing disunion in the among the people they can't last forever and that's through the lesson of history big empires always collapse on their own weight secession supporters like bernard first some say washington's weight of growing debt and loose wars government intrusion and a broken immigration system has become a bipartisan destructive force is beyond reform you can't reform that fe
test of perfecting the more you have moved forward was four weeks following barack obama's reelection nearly one million americans have moved forward by campaigning to break apart all fifty states have filed online petitions with the white house requesting to peacefully secede from this so-called perfecting union a movement that's garnered more than thirty thousand signatures in north carolina. where many like michael toggled. see independence as a symbol may twentieth a consistent one is the...
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Dec 2, 2012
12/12
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the obama administration says the ball is in the g.o.p.'s court. republicans insist it's the president's turn to get serious about dealing with our country's debt. >> it's unfortunate that the white house spent three weeks doing basically nothing. >> this is a very carefully designed set of reforms. if republicans would like to go beyond these reforms, or they want to do it differently, they should tell us how they want to do it. >> i believe raising tax rates hurts our economy, hurts the prospects for more jobs in our country. >> shannon: as the sparring continues over the fiscal cliff, neither boehner nor geithner can say for certain that the country will not go over the edge. i'm shannon bream. america's news headquarters live from the nation's capital starts right now. >> shannon: we want to get to the budget standoff. peter doocy joins us live. there is time to strike a deal but not a lot. >> reporter: that's right. the speaker of the house john boehner made a point today to say there is not much time between election day and the end of the ye
the obama administration says the ball is in the g.o.p.'s court. republicans insist it's the president's turn to get serious about dealing with our country's debt. >> it's unfortunate that the white house spent three weeks doing basically nothing. >> this is a very carefully designed set of reforms. if republicans would like to go beyond these reforms, or they want to do it differently, they should tell us how they want to do it. >> i believe raising tax rates hurts our...
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soon move in boehner's direction, after another week or so of brinksmanship, we will see obama say, hey, look, i'm coming forward with entitlement cuts that i'm willing to propose publicly. chris: i got to check this. would you confirm that? you know these people. >> all of the components of the deal are there. when people ask me why did conditioning leave town? because the people who matter in the deal stayed in town. all the various members of congress could go home, it gets them out of the way and deal talking can go on. the brinksmanship is political theater and necessary in the process. chris: both pretend they're willing to go over? >> to both show resistance and then incrementally get towards -- chris: you covered the greek situation and watched the hell that went on over there. give me a picture of that and where we're headed if we don't deal in the short run with the debt problem and the cliff and later on, what do we face in this country? >> greece is a perfect example when you continue to borrow from the future, which is what we're doing right now. so if you don't deal wi
soon move in boehner's direction, after another week or so of brinksmanship, we will see obama say, hey, look, i'm coming forward with entitlement cuts that i'm willing to propose publicly. chris: i got to check this. would you confirm that? you know these people. >> all of the components of the deal are there. when people ask me why did conditioning leave town? because the people who matter in the deal stayed in town. all the various members of congress could go home, it gets them out of...
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Dec 10, 2012
12/12
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FBC
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meanwhile, president obama will visit a chrysler plant just outside detroit today. remember, a city council woman last week said the city deserves a federal bailout because the city helped reelect the president. >> after the election of jimmy carter, the honorable coleman alexander young, he went to washington d.c., and came back home with some bacon. stuart: well, you heard the rest from there. the lady goes on to say it's a quid pro quo give us the monny because we voted for you. the question, will the president offer any hint of a bailout, bailout help for deeroit today. will he address union anger at michigan's right to work legislation? this goes to the heart of government spending and the position of organized labor in president obama's second term. we're right there in michigan. let's go to facebook. weigh in on what's happening there. will detroit get a bailout and what do you think about the unions? will they win? good questions all. now, one of the worst blowouts in nfl history. seattle seahawks beat arizona cardinals 58-0. the cardinals threw four interce
meanwhile, president obama will visit a chrysler plant just outside detroit today. remember, a city council woman last week said the city deserves a federal bailout because the city helped reelect the president. >> after the election of jimmy carter, the honorable coleman alexander young, he went to washington d.c., and came back home with some bacon. stuart: well, you heard the rest from there. the lady goes on to say it's a quid pro quo give us the monny because we voted for you. the...
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>> well, the white house said president obama presented his plan last week and the gop leaders shot it down. now, the ball is in the hands of the republicans. right now, it's all about the math. republicans may have to cave on taxes but president obama may have to accept deeper spending cuts. only 18 days left. >> the messy art of compromise. tahman bradley live in washington. >>> and rivers are rising across northern california this morning after three powerful storms blow through in less than a week. the latest round of flooding rain drenched the area yesterday, knocking down giant trees and leaving nearly 100,000 people without power. high winds overturned tractor trailers. abc's cecilia vega shows us what it looked like in california wine country. >> reporter: this is a storm that slammed the west coast from washington all the way down to the san francisco bay area. and this, take a look at it, one of the hardest hit regions, vineyards all over napa valley under water right now. >> a much dryer day is on tap across northern california, but just after midnight, get this, a fourth st
>> well, the white house said president obama presented his plan last week and the gop leaders shot it down. now, the ball is in the hands of the republicans. right now, it's all about the math. republicans may have to cave on taxes but president obama may have to accept deeper spending cuts. only 18 days left. >> the messy art of compromise. tahman bradley live in washington. >>> and rivers are rising across northern california this morning after three powerful storms blow...
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legalized week in washington state for any reason you want to smoke it? why the fed under obama? why are they doing that? >> they are in a panic mode. their world is crumbling and they don't know what to do. they don't have direction. they want to keep it, they want to keep it illegal for various reasons. so they keep the funding coming. [talking over each other] stuart: the administration has become very liberal on the issue of gay marriage and abortion and free contraception. social issues, this is a presidency that has moved away towards the liberal position but not on marijuana. they are still going to stop it. they closed down medical marijuana facilities in california. i don't get it. you are telling me this is all about money and funding? keep the money flowing? >> yes. like the end of a war. this is the war on drugs that is ending and like all wars they are hard -- the sponsors, got a lot of people invested in to the war on drugs and now that it is ending they are in a panic. i want to see america which is like a giant prison right now, with the l
legalized week in washington state for any reason you want to smoke it? why the fed under obama? why are they doing that? >> they are in a panic mode. their world is crumbling and they don't know what to do. they don't have direction. they want to keep it, they want to keep it illegal for various reasons. so they keep the funding coming. [talking over each other] stuart: the administration has become very liberal on the issue of gay marriage and abortion and free contraception. social...
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. >>> president obama is closely monitoring a week-long strike at two southern california ports. 800 members of the clerical union who work at the ports of los angeles and long beach had been working without a contract for more than two years. the clerks don't handle cargo but dock workers are refusing to cross picket lines forcing a shutdown of most terminals. experts estimate the strike is costing the u.s. up to $1 billion a day. and it could delay shipments of holiday gift merchandise. >>> there's a tentative contract agreement between port of oakland and union workers. two weeks ago, more than 500 members of seiu local 1021 went on strike. they had been at the bargaining table for 16 months. details of the agreement will be released when the contract is voted on tomorrow. >>> president obama will host a group of governors today to talk about the "fiscal cliff" after he rejected a counterproposal from congressional republicans. that plan promised to trim $2.2 trillion over the next 10 years and cuts from entitlements and billions in new tax revenues only from tax reform. and not i
. >>> president obama is closely monitoring a week-long strike at two southern california ports. 800 members of the clerical union who work at the ports of los angeles and long beach had been working without a contract for more than two years. the clerks don't handle cargo but dock workers are refusing to cross picket lines forcing a shutdown of most terminals. experts estimate the strike is costing the u.s. up to $1 billion a day. and it could delay shipments of holiday gift...
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Dec 8, 2012
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fiscal cliff that's threatening our economy and threatening jobs, the whitehouse has wasted another week. >> speaker boehner and president obama spoke only once this scombeek boehner called the talk unproductive. boehner did not say e, he did not repeat his demand to keep tax cuts for the wealthy in place. the president insists taxing should go up on the top 2% of income earners. nancy pelosi responded to criticism that democrats are to blame for the stale meat. >> boehner says that democrats are slow walking this had but this is the same leader who had the house in session barely a full day of this week. >> if a deal is not reached by the end of this year, automatic tax increases and spending cuts go into effect. >> transportation officials today called for the use of data recorders to help improve drive driver safet . these would record vehicle speed, air bag deployment and whether seatbelts were buckled. they say installing those recorders would help gather valuable information. the agency would like to them see them installed in 2014. >> coming up in two minutes we'll have an update
fiscal cliff that's threatening our economy and threatening jobs, the whitehouse has wasted another week. >> speaker boehner and president obama spoke only once this scombeek boehner called the talk unproductive. boehner did not say e, he did not repeat his demand to keep tax cuts for the wealthy in place. the president insists taxing should go up on the top 2% of income earners. nancy pelosi responded to criticism that democrats are to blame for the stale meat. >> boehner says that...
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it follows a nearly week-long silence. wednesday, the presdient and congressman boenher spoke by phone. on thursday, the president said he was optimistic a deal would get done as he sat down with a middle-class family in virginia to promote his tax plan new jersey governor chris christie is making a pitch to washington for more funds to cover the cost of hurricane sandy. christie is seeking $83 billion in extra disaster aid from the government. he's making the plea on behalf of his home state of new jersey, as well as for new york and connecticut. christie met with president obama at the white house first, then with house speaker john boehner at the capital. at a senate hearing thursday, senator charles schumer of new york presented his case for rebuilding the storm zone. "new york has no choice, we have to adapt. new york and new jersey are a waterfront region in the path of violent new weather realities." president obama meanwhile is seeking $50 billion from congress for emergency aid for 11 states with storm damage. the
it follows a nearly week-long silence. wednesday, the presdient and congressman boenher spoke by phone. on thursday, the president said he was optimistic a deal would get done as he sat down with a middle-class family in virginia to promote his tax plan new jersey governor chris christie is making a pitch to washington for more funds to cover the cost of hurricane sandy. christie is seeking $83 billion in extra disaster aid from the government. he's making the plea on behalf of his home state...
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joe biden shopping at costco last week. did some holiday shopping, and posts pictures with jim senegal and warren buffett's right hnd man and bill gates' dad on the board, too, and receive early dividends and ay less tabs. several reports say the demand for microsoft's surface tablet is so weak that they cut the orders from the asian manufacturer in half. i own microsoft stock. lauren, where is it now? >> 1% and stuart, i feel bad for you, microsoft was the second worst performer in the dow jones for the month of november and needs all of the gains today. and you know, if you've ever walked past time square, i know it's kind of right by where we work. that surface pop-up store from microsoft is always jam packed, i guess it's in a busy area and it's surprising to see they're cutting back on orders. stuart: next time i go in there if i do. i'll press for an early dividend payout of microsoft's 50 billion dollars in cash so some of us can benefit before the end of the year, but i'm not holding my breath on that. all right, la
joe biden shopping at costco last week. did some holiday shopping, and posts pictures with jim senegal and warren buffett's right hnd man and bill gates' dad on the board, too, and receive early dividends and ay less tabs. several reports say the demand for microsoft's surface tablet is so weak that they cut the orders from the asian manufacturer in half. i own microsoft stock. lauren, where is it now? >> 1% and stuart, i feel bad for you, microsoft was the second worst performer in the...
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obama said yesterday that this could get done in about a week. i think he might be right. republicans see the writing on the wall when it comes to tax increases. what they're interested in now is making sure they get spending cuts to go along with the tax increases. when obama put his additional offer, he said $1.60 trillion in tax increases and we will delay the spending cuts until next year. that was the initial offer. republicans want to make sure that the spending cuts go up and become more immediate. considering that obama has been open to spending cuts in previous negotiations and says he is open to it now and republicans have changed from where they were a year ago when it comes to tax increases, i think it will not take too much to get their, although there are still obstacles. host: the $1.60 trillion and $800 billion are the opening numbers. where are we with those numbers now. have those numbers been altered? guest: i do not know if republicans have gone above $800. the question will be, will obama be able to get above $800. once you start talking about the $1 t
obama said yesterday that this could get done in about a week. i think he might be right. republicans see the writing on the wall when it comes to tax increases. what they're interested in now is making sure they get spending cuts to go along with the tax increases. when obama put his additional offer, he said $1.60 trillion in tax increases and we will delay the spending cuts until next year. that was the initial offer. republicans want to make sure that the spending cuts go up and become more...
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after meeting with president obama this week with his fellow governors, my next guest says a failure to reach a solution would send his state into a recession. joining me now is utah governor gary herbert, a member of the national governors association executive committee. governor, welcome. >> thank you. it's an honor to be with you. >> i'm so glad you're here. i want to get your thoughts from inside the room there in person. did president obama make the case for his plan differently than he's been making it publicly? >> well, i think he knew that we were a bipartisan group. we had republicans and democrat governors there. did not expect us to come out and support one plan or the other, which we said going in we would not do. but we were grateful that he actually asked for our advice and our input. states and governors too often have been ignored, have been kind of an afterthought. and frankly we think that if congress and washington would look to the states and the governors they would develop better policy. so we were honored to be there to give our input. >> what was the consensu
after meeting with president obama this week with his fellow governors, my next guest says a failure to reach a solution would send his state into a recession. joining me now is utah governor gary herbert, a member of the national governors association executive committee. governor, welcome. >> thank you. it's an honor to be with you. >> i'm so glad you're here. i want to get your thoughts from inside the room there in person. did president obama make the case for his plan...
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live in carson city, ben sosenko, cbs 5. >>> the governor of new jersey paid a visit to president obama to plead for money to help his state rebuild from superstorm sandy. the storm destroyed 80% of seaside heights more than a month ago. the famous boardwalk was left in pieces. today governor chris christie asked the president and congress for more financial aid. christie says it's going to take $37 billion to recover and the president promises to help. >> he knows that our work is not done any more than the work in the states is done. >> president obama is expected to ask for $50 billion in storm relief for new jersey, new york and connecticut. >>> meantime, president obama made a special trip to virginia today to highlight his fix for the "fiscal cliff." the deadline for the president and congress to find a way to avoid tax increases and spending cuts is 25 days away. president obama made a special point to sit with a middle class family in virginia this afternoon. he was trying to offer an example of who would be hurt by the republican tax proposal. >> for them to be burdened unneces
live in carson city, ben sosenko, cbs 5. >>> the governor of new jersey paid a visit to president obama to plead for money to help his state rebuild from superstorm sandy. the storm destroyed 80% of seaside heights more than a month ago. the famous boardwalk was left in pieces. today governor chris christie asked the president and congress for more financial aid. christie says it's going to take $37 billion to recover and the president promises to help. >> he knows that our work...
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and it is a counteroffer to the one president barack obama offered last week. coming up, what the white house says is missing in the republican proposal. >>> time now time to bring tara back. if anybody is headed for the bay bridge, what do you want them to know. >> if we take a live look, this happens in just a matter of minutes and i bet you it is going on right now. so give yourself extra time if you are headed into the city right now. we can show you 580 westbound and then also up in the pittsburgh antioch area, slow going there on highway 4 as you make your way towards concord. last but not least, 280 san jose and traffic is moving along pretty well. 6:07 here is steve. >>> cloudy skies, now last hour, there has been some light rain in mendocino and down to salina, it is cloudy and a few areas of fog. this system is considerably weaker than the one we have and it looks like we will pick it up later tonight into tomorrow and nothing close to the systems. still a lot of cloud cover and tonight into tomorrow morning. you can see it tries to pick things up but
and it is a counteroffer to the one president barack obama offered last week. coming up, what the white house says is missing in the republican proposal. >>> time now time to bring tara back. if anybody is headed for the bay bridge, what do you want them to know. >> if we take a live look, this happens in just a matter of minutes and i bet you it is going on right now. so give yourself extra time if you are headed into the city right now. we can show you 580 westbound and then...
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this is the obama's administration offer. every day here in "the new york times"of the two proposals a the fiscal cliff continues to dominate washington here today and this week. irandy in alabama, republicans. caller: i think both of the approaches here are ridiculous. we keep talking about reforming the taxes when it is so complicated that an average person cannot even do it. it's really time to stop reforming the idea of taxes with all these tax ideas. it all it's going to do is drive up inflation. every time we raise taxes, inflation goes up. we really need to go to something like a consumption tax. there's a lot of space out your that do not even haven't come taxes, and their roads are really nice and they do not have been come taxes. they live off other taxes. i think they need to try to fix this whole thing was out just keeping throwing money at it. increasing rates and all of this stuff, it's madness. host: we showed you what senate majority leader harry reid had to say it in reaction to last night proposal from speak
this is the obama's administration offer. every day here in "the new york times"of the two proposals a the fiscal cliff continues to dominate washington here today and this week. irandy in alabama, republicans. caller: i think both of the approaches here are ridiculous. we keep talking about reforming the taxes when it is so complicated that an average person cannot even do it. it's really time to stop reforming the idea of taxes with all these tax ideas. it all it's going to do is...
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this week you said we have to focus on climate change. as the obama administration done enough of climate change? >> none of us have done enough. governors are no different than members of congress. we come from different regions of the country. my comment about climate change was more about what some of the governors are doing in the northeast and along the coast that do not necessarily half fossil fuel resources. >> we're having a little bit of a signal problem. we're going to have to fix that and come back to you in a couple of minutes. we apologize. let me go to your point about environmental issues and global warning. it was a huge issue in the campaign, something the president promised to do more in 2013 or 2014. >> we have not seen a lot of action. there are a couple of these issues on the liberal wish list that i feel like the obama administration has not quite in gauge on. whether it is gun-control or immigration reform. there are these issues that the end of lustration has not quite in gauge on. -- that the administration has no
this week you said we have to focus on climate change. as the obama administration done enough of climate change? >> none of us have done enough. governors are no different than members of congress. we come from different regions of the country. my comment about climate change was more about what some of the governors are doing in the northeast and along the coast that do not necessarily half fossil fuel resources. >> we're having a little bit of a signal problem. we're going to...
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. >> too little, too late; president obama's response to the g.o.p. plan to avoid the cliffally. in an interview with blomberg tv the president said there is not enough time to pull off the republican's proposal that overhauls the tax system and entitlements at tate days from going over the fiscal cliff which is called the series of spending cuts and expiring tax breaks which would be an economic disaster. the sticking point is the call for higher taxes for families, higher taxes on amounts earned above $250,000. everyone gets the tax cut, the first $250,000 is not taxable only but that. the president says, look, i ran on this and i am going to do this. but he is signaling he could be flexible on how high they would go. ed henry is like. this has been out there for a few days. >>reporter: that right. the president had the governors in today and they underdiscover the fiscal cliff will not just impact the national economy but have a lot of impact on state and local economies, as well, and their state budgets, et cetera. the president, though, is standi
. >> too little, too late; president obama's response to the g.o.p. plan to avoid the cliffally. in an interview with blomberg tv the president said there is not enough time to pull off the republican's proposal that overhauls the tax system and entitlements at tate days from going over the fiscal cliff which is called the series of spending cuts and expiring tax breaks which would be an economic disaster. the sticking point is the call for higher taxes for families, higher taxes on...
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. >>> wall street had a good day overall with stocks surging for the first time this week. the dow rose 82 points yesterday to close above 13,000. and investors appeared optimistic after avoiding the fiscal cliff after president obama suggested that the deal could be reached in about a week. >>> the government issues a new warning today about those reverse mortgages. they are mortgages that give senior citizen homeowners an immediate cash payment in exchange for a future equity. today the obama administration will recommend that senoras be very careful before signing one. >>> star bucks is planning to open 1500 more cafes across the country over the next five years. averaging two new stores every day. that's america's money, i'm paula faris. >>> well, today many have been waiting for. the state of maryland begins issuing same sex marriage licenses today. we're live with more on this historic day. >>> on a mission for survivors, a man walks cross-country for those affected by the stroke. we're going to tell you where you can meet him today. >>> and one baltimore neighborhood
. >>> wall street had a good day overall with stocks surging for the first time this week. the dow rose 82 points yesterday to close above 13,000. and investors appeared optimistic after avoiding the fiscal cliff after president obama suggested that the deal could be reached in about a week. >>> the government issues a new warning today about those reverse mortgages. they are mortgages that give senior citizen homeowners an immediate cash payment in exchange for a future...
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president obama planning to meet with governors next week as pt of his effort t talk with people about avoiding th fiscal cliff. members of the national governors' association executive committee meeting at the white house next tuesday, including chairman teller governor as well as wisconsin governor scott waer. the president will deliver a speech to the business roundtable was a recap the president has delivered a speech at a toy factory, met with small business owners, mddle-class taxpayers, labor union leaders, two groups of business executives on the cliff, but has not met with the republicans with whom he has to deal in order to cut a deal. up next, the house passes gislation to provide visas to emigrants with advanced degrees. cries of racism from one democrat. we will take it up in the "lou dobbs forum." publicans leading the way on immigration reform. we will take that up as well. on our way to this break, here is our list of the folks the president should also consider meeting with on the fiscal cliff. ♪ lou: in "lou dobbs forum" we will alk about illegal immigration and eff
president obama planning to meet with governors next week as pt of his effort t talk with people about avoiding th fiscal cliff. members of the national governors' association executive committee meeting at the white house next tuesday, including chairman teller governor as well as wisconsin governor scott waer. the president will deliver a speech to the business roundtable was a recap the president has delivered a speech at a toy factory, met with small business owners, mddle-class taxpayers,...
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president obama praised this year's list which includes late-night tv legend david letterman, the iconic rock band led zeppelin and oscar winner dustin hoffman. hoffman's co-star in four movies, robert deniro, shared an only-in-hollywood moment. >> i first met dustin at a party in 1968. i was his waiter. it was an instant connection when he said to me, "how's the flounder?" >> the kennedy center honors will air on television later this month. >>> and now for a look at the national weather, we turn to nbc meteorologist bill karins with the weather channel forecast. how's the flounder? >> flaky. very flaky. did you have a good weekend? >> i did. it was great. yours? >> people out there getting tans this weekend. the calendar goes to december -- >> i'm much darker. >> nice. good morning, everyone. incredibly warm air spread across the country. everyone that's east of the rockies can thank that huge california storm system. there was actually three of them. that pushed warm pacific air across the country. it cut off all the cold air from canada. it is warm from coast on to coast, incredibly
president obama praised this year's list which includes late-night tv legend david letterman, the iconic rock band led zeppelin and oscar winner dustin hoffman. hoffman's co-star in four movies, robert deniro, shared an only-in-hollywood moment. >> i first met dustin at a party in 1968. i was his waiter. it was an instant connection when he said to me, "how's the flounder?" >> the kennedy center honors will air on television later this month. >>> and now for a...
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in their first discussions yesterday after a week's hiatus we are told there were no signs of progress and even a hardening of positions. in fact, earlier president obama discussed the stalemate with middle-class families. >> for them to be burdened unnecessarily because the democrats and republicans aren't coming together to solve this problem gives you a since of the costs involved in very personal terms. >> he showed what he is really after is assuming unprecedented power to spend taxpayer dollars without any limit at all. >> the major sticking points continue to be how to handle tax rates for wealthy americans, and also, what to do about reducing spending on entitlement programs like social security and medica medicare. >> aide between the president and the speaker of the house met and the talks basically went nowhere. according to one of the president's aide he said higher taxes of course on the wealthy. a deal must include permanent extension of the debt ceiling and source also say that indicated no willingness to go any further on limiting the growth of entitlement spending. >>
in their first discussions yesterday after a week's hiatus we are told there were no signs of progress and even a hardening of positions. in fact, earlier president obama discussed the stalemate with middle-class families. >> for them to be burdened unnecessarily because the democrats and republicans aren't coming together to solve this problem gives you a since of the costs involved in very personal terms. >> he showed what he is really after is assuming unprecedented power to...
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it has been more than two weeks since president obama invited the major players to the white house to discuss the situation. as of this morning, no new talks are scheduled. brianna keilar joins us. so many republicans say they are pessimistic about a deal happening in time to avert this fiscal cliff. some say it's for political reasons. what can you tell us? >> it may all be for political reasons. that's no surprise in washington. as you can seen through dealmaking not just on this but things in the past couple of years between the white house and congress, there is almost this rhythm that has evolved. both sides are pointing to the other for an impasse. republicans like senator lindeyy graham just slamming the white house and tim geithner for a plan he laid out on behalf of the administration, laying out about $1.6 trillion in new revenues coupled with only about $400 billion in medicare cuts. listen to what graham said. >> i think we're going over the cliff. it's pretty clear to me they made a political calculation. this offer doesn't remotely deal with entitlement reform in a way t
it has been more than two weeks since president obama invited the major players to the white house to discuss the situation. as of this morning, no new talks are scheduled. brianna keilar joins us. so many republicans say they are pessimistic about a deal happening in time to avert this fiscal cliff. some say it's for political reasons. what can you tell us? >> it may all be for political reasons. that's no surprise in washington. as you can seen through dealmaking not just on this but...
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there's a lot we already knew about that president obama had already taken a public position on. the white house is now saying to republicans as well, we want you to put the meat on the bones when it comes to the entitlement reform portion of this deficit reduction plan. that's politically very tricky, as you know, because a lot of times dealing with entitlements will be construed as cuts to medicare and that's often not very popular. as you can imagine that deal that you just outlined, not received very well by republicans on the hill. >> i think we're going over the cliff. it's pretty clear to me they've made a political calculation. this offer doesn't remotely deal with entitlement reform in a way to save medicare and medicaid, and social security from imminent bankruptcy. the president's plan when it comes to entitlement reform is just quite frankly a joke so i don't think they're serious about finding a deal. >> so not really good language you're hearing soledad. house speaker john boehner said he found the proposal flabbergasting. he said it's not serious. but you definitel
there's a lot we already knew about that president obama had already taken a public position on. the white house is now saying to republicans as well, we want you to put the meat on the bones when it comes to the entitlement reform portion of this deficit reduction plan. that's politically very tricky, as you know, because a lot of times dealing with entitlements will be construed as cuts to medicare and that's often not very popular. as you can imagine that deal that you just outlined, not...